Abnormal Returns

DECEMBER 11, 2023

Markets Every major asset class, except commodities, is set for an up 2023. ft.com) Triple-levered anything can wreck your portfolio. ft.com) Economy Consumers are finally pushing back against higher prices. econbrowser.com) If you are looking for signs of weakness in the economy, here they are.

Media 274

Media Financial Advising Retail Economy 274

The Big Picture

AUGUST 17, 2022

What’s obvious is that cheaper is better than more expensive; that there are inherent costs in managing an active portfolio that include more than just trading and taxes but research, analysis, PMs, etc. But that is not the same as becoming one of the most dominant asset managers in the world. Dangerous for economy.

Taxes 334

Taxes Portfolio Management Investments 334

Abnormal Returns

SEPTEMBER 26, 2023

morningstar.com) Alternative assets are not all that alternative. wired.com) Asset allocation How various asset classes performed during a recession. morningstar.com) Achieving these three portfolio goals simultaneously is tough. bonddad.blogspot.com) Economy Economic anxiety isn't going anywhere.

Asset Allocation 276

Asset Allocation Financial Advising Assets Media 276

Abnormal Returns

NOVEMBER 12, 2023

allstarcharts.com) Strategy What it going to happen to all those assets in money market fund when yields eventually fall? awealthofcommonsense.com) Chances are, you don't need a bespoke portfolio. ft.com) Economy Q4 GDP is tracking at 2%. tker.co) On the divergence between consumer sentiment and the economy.

Financial Advising 282

Financial Advising Economics Economy Manufacturing 282

Abnormal Returns

AUGUST 21, 2023

Asset allocation Asset allocation is not a science. insights.finominal.com) Economy Aging isn't great for economic growth. calculatedriskblog.com) Earlier on Abnormal Returns Adviser links: reducing portfolio volatility. obliviousinvestor.com) Diversification reduces the risk of adverse outcomes.

Asset Allocation 246

Asset Allocation Financial Advising Media Assets 246

Abnormal Returns

MARCH 20, 2024

Strategy Ten things to know about building a diversified portfolio. morningstar.com) Real assets can be a portfolio drag during periods of quiescent inflation. entertainmentstrategyguy.com) Global It's hard to put a positive spin on Brexit for the UK economy. wapo.st) China spends A LOT on agricultural subsidies.

Financial Advising 251

Financial Advising Startup Valuation Economy 251

Abnormal Returns

JANUARY 5, 2024

Markets A look at major asset class returns in 2023. morningstar.com) A look at different variants of the 60/40 portfolio. etf.com) Economy The December NFP report showed continued payroll growth and a 3.7% visualcapitalist.com) Long technology, short utilities was the trade in 2023. unemployment rate.

Financial Advising 269

Financial Advising Media Economy Economics 269

Abnormal Returns

MAY 1, 2023

Markets How major asset classes performed in April 2023. ft.com) The amount of bank failures, measured by assets, rivals that of 2008. nytimes.com) ETFs Model portfolio shifts can have a big effect on ETF flows. etftrends.com) Economy Is the U.S. twitter.com) Crypto Gary Gensler's SEC has been busy.

Financial Advising 244

Financial Advising Startup Banking Manufacturing 244

Nerd's Eye View

OCTOBER 4, 2023

People often talk about "the economy" as a single entity whose parts move in unison, with a small number of key indicators (such as GDP, the unemployment rate, and inflation) moving reliably in relation to each other. manufacturing sector, by the measures of employment and service prices, has been in a recession for nearly 12 months.

Valuation 246

Valuation Economics Economy Marketing 246

Abnormal Returns

DECEMBER 3, 2023

wsj.com) Strategy Remember all that talk about how the 60/40 portfolio was broken? awealthofcommonsense.com) There are a lot of different asset allocations you can live with. axios.com) Economy Josh Brown, "The economy ought to be able to heal itself for the most part.

Asset Allocation 260

Asset Allocation Financial Advising Startup Education 260

Abnormal Returns

AUGUST 3, 2023

etf.com) Portfolio managers won't outperform if they get it wrong about the biggest seven stocks. wggtb.substack.com) Finance The Apple ($AAPL) Card savings account now has more than $10 billion in assets. economy didn't go into recession this year. epsilontheory.com) Economy Heavy truck sales are at a record high in the U.S.

Financial Advising 244

Financial Advising Portfolio Management Economy Media 244

Abnormal Returns

JANUARY 11, 2023

Markets How does the 60/40 portfolio perform after big down years? economist.com) Alameda Research made a big investment in miner Genesis Digital Assets soon before the FTX unwind. cnn.com) Economy Some additional signs that the economy is rolling over. awealthofcommonsense.com) GMO loves deep value stocks.

Financial Advising 244

Financial Advising Startup Economy Media 244

Abnormal Returns

FEBRUARY 1, 2024

January 2024 How major asset classes performed in January 2024. collabfund.com) Four steps to build a no-fuss portfolio including eliminating redundant accounts. thinkadvisor.com) Economy The ISM manufacturing index seems to have bottomed. on.spdji.com) Strategy Overconfidence is a killer for investors.

Financial Advising 286

Financial Advising Taxes Manufacturing Media 286

The Big Picture

SEPTEMBER 21, 2022

‘We must keep at it until the job is done.’ ( Wall Street Journal ) see also The “Data-Dependent” Fed and the Data Interpreting the mixed signals across the economy, with a focus on inflation, jobs, and market pricing. ( The Overshoot ). Were Those Great Returns the Result of Skill — or Just Luck?

Financial Advice 289

Financial Advice Engineering Economy Management 289

Abnormal Returns

JANUARY 3, 2023

Markets How major asset classes performed in December 2022. capitalspectator.com) 2022 was the third worst year for the 60/40 portfolio. nytimes.com) The UK has 'deconverged' from the rest of the global economy. nytimes.com) Economy Where various measures of the jobs market stand. etf.com) Global U.S.

Startup 242

Startup Valuation Financial Advising Distribution 242

Abnormal Returns

MARCH 14, 2023

(portfoliocharts.com) Safe assets aren't safe if there is a duration mismatch. theirrelevantinvestor.com) A lot of banks have big unrealized underwater bond portfolios. engadget.com) Economy February CPI showed 6.0% fortunesandfrictions.com) Even great companies will 'decline eventually.' nytimes.com) What's new in GPT-4.

Startup 244

Startup Financial Guidance Financial Advising Banking 244

Abnormal Returns

AUGUST 1, 2023

July 2023 How major asset classes performed in July 2023. ofdollarsanddata.com) What you leave out of your portfolio can be as important as what you put in. wsj.com) Economy "The Fed is no longer behind the curve." capitalspectator.com) The U.S. stock market is on a five-month winning streak.

Financial Advising 246

Financial Advising Retail Media Economy 246

Integrity Financial Planning

DECEMBER 11, 2023

If so, one thing you may want to keep an eye on is the design of your financial portfolio. Your portfolio may not be set up with the best possible spread of investments and assets. 1] Remember, the idea behind this portfolio is to hedge stock market returns by holding bonds as well.

Portfolio 97

Portfolio Economy Financial Guidance Financial Planning 97

The Big Picture

OCTOBER 28, 2023

The creator economy, as it’s known, is now a global industry valued at $250 billion, with tens of millions of workers, hundreds of millions of customers and its own trade association and work-credentialing programs. Wellington is one of the world’s top 20 asset managers, was founded in 1933, and runs $1.2 trillion in client assets.

Wealth Management 279

Wealth Management Banking Financial Services Management 279

The Big Picture

MARCH 3, 2023

2000-13 : Secular bear market did not make new highs until March 2013 2018 : ~20% pullback as the economy slowed, FOMC hiked. My portfolio was tiny; I had no 401k, and my wife’s 403(b), with less than a decade’s worth of contributions, was barely 5-figures.

Marketing 336

Marketing Marketing Economics Portfolio 336

Trade Brains

JULY 6, 2022

Understanding How Does Stock Market Affect The Economy: The stock market and the economy are in a lot of talk in recent days. Seeing the market indexes declined by over 30% within a month, an obvious question among people is to understand how does the stock market affects the economy. How the Stock Market Affect the Economy?

Economy 98

Economy Marketing Marketing Economics 98

Abnormal Returns

MAY 11, 2023

Markets What's the best asset to hold during a recession? ft.com) Softbank continues to mark down its Vision Fund portfolio. foreignaffairs.com) Economy Disinflation is in place, but it doesn't give the Fed room to cut rates. morningstar.com) If you invest in stocks there are going to be extended periods of poor performance.

Financial Advising 244

Financial Advising Media Economy Portfolio 244

Abnormal Returns

OCTOBER 1, 2024

on.spdji.com) How major asset classes performed in September 2024. axios.com) Q3 asset class returns, visualized. ft.com) Americans have upped their portfolio risk from pre-pandemic levels. sherwood.news) Global Why Canada's economy is lagging the U.S. theatlantic.com) Economy It is difficult to argue the U.S.

Financial Advising 159

Financial Advising Financial Advice Economy Media 159

The Big Picture

SEPTEMBER 19, 2023

The transcript from this week’s, MiB: Elizabeth Burton, Goldman Sachs Asset Management , is below. Elizabeth Burton is Goldman Sachs asset management’s client investment strategist. Her job is portfolio and product solutions and that means she could go anywhere in the world and do anything. Elizabeth Burton : Hi Barry.

Assets 148

Assets Management Investing Investments 148

Discipline Funds

FEBRUARY 28, 2025

reading to stick unless the broader economy really starts to devolve in the coming months. Stagflation is when the economy has stagnant growth with high inflation. One of the investment strategies I wrote about in detail in my forthcoming new book was Buffett’s 90/10 stock/T-Bill portfolio. 2) Is This a Stagflation?

Assets 68

Assets Economy Portfolio Financial Market 68

Abnormal Returns

AUGUST 13, 2024

Bonds Bonds are back as portfolio balance. ft.com) Fund management Index funds have succeeded in spite of the asset management industry. ft.com) Fund management Index funds have succeeded in spite of the asset management industry. nytimes.com) Asset managers keep snapping up boutique private credit managers.

Financial Advising 159

Financial Advising Media Assets Management 159

Discipline Funds

APRIL 7, 2025

And what could happen in that scenario is that global trade slows meaningfully, business uncertainty lingers and that ultimately starts this long slow bleed into the real economy over time. And I hope we can all move past this self inflicted wound sooner than later because the longer this lasts the worse the economy will get.

Portfolio 58

Portfolio Assets Economy Taxes 58

The Big Picture

JULY 13, 2023

New York Times ) Be sure to check out our Masters in Business next week with Tom Wagner, Co-Portfolio Manager at Knighthead Capital. He is a co-investor with football legend Tom Brady in several sports assets, including a Pickleball team , Birmingham City FC in the English Football League, and an endurance auto racing team.

Portfolio Management 246

Portfolio Management Food Accounting Economy 246

The Big Picture

FEBRUARY 7, 2024

To find out more, I speak with Jeremy Schwartz, Global Chief Investment Officer of WisdomTree, leading the firm’s investment strategy team in the construction of equity Indexes, quantitative active strategies and multi-asset Model Portfolios. Present value of future cash flows, any asset is present value of future cash flows.

Investing 297

Investing Investments Valuation Portfolio 297

Abnormal Returns

MAY 16, 2024

Markets Three assets that don't diversify your portfolio as well as you think. morningstar.com) Risk-on assets have failed to outperform in 2024. spyglass.org) Economy A soft landing is still on the table. allstarcharts.com) How market consensus forms. ft.com) The CFTC doesn't want you betting on event contracts.

Financial Advising 146

Financial Advising Media Assets Economy 146

The Big Picture

MARCH 6, 2025

To help us unpack all of this and what it means for your portfolio, let’s bring in Austin Goolsbee. Look, this, this is a t tangled, uh, this is a tangled web, uh, that is critically important to, to the economy. Um, and so I, I think in a higher rate environment, if you’re trying to cool the economy, this is always true.

Economy 163

Economy Economics Food Banking 163

The Big Picture

AUGUST 21, 2023

New York Times ) • UBS: An introduction to Private Credit : Private credit strategies like direct lending can offer an attractive option for investors looking to generate higher yields and diversify their portfolio from traditional fixed income. This is the full transcript. (

Economy 246

Economy Economics Portfolio Assets 246

Discipline Funds

OCTOBER 31, 2024

But in the aggregate the US economy is not necessarily wealthier at all. Asset creation always creates corresponding liabilities. Wealth is the residual of assets minus liabilities and you can’t just print wealth into existence. What matters is how we use the printed assets/liabilities and whether they’re used to create wealth.

Government 98

Government Accounting Assets Economy 98

The Big Picture

JULY 14, 2023

The yield curve has been suggesting since last year that the economy was headed for a slump. ( He is a co-investor with football legend Tom Brady in several sports assets, including a Pickleball team , Birmingham City FC in the English Football League, and an endurance auto racing team. Sound familiar? Some Wonder if It’s Wrong.

Portfolio Management 242

Portfolio Management Accounting Food Economy 242

Truemind Capital

APRIL 4, 2025

Even in India, many firms use algorithms to suggest investment options and portfolio allocation. Many wealth management outfitsin the US have started using AI in their operations and basic level of advice. However, when it comes to money, many are still not comfortable dealing with machines.

Wealth Management 59

Wealth Management Management Asset Allocation Investments 59

Discipline Funds

NOVEMBER 20, 2024

The difference between him and Buffett is that he isn’t using organic cash flows to fund the asset purchases and is instead getting his fiat from lenders. I believe this is especially true if you live in a 3rd world economy where the probability of currency collapse is even moderately high. b) If yes, then how much?

Insurance 98

Insurance Government Assets Management 98

Abnormal Returns

MARCH 13, 2023

ritholtz.com) The reversal in interest rates could relieve some pressure on bank portfolios. mailchi.mp) Why more assets are going to flow to systemically important banks. ft.com) Economy In a country as big as the U.S., local economies matter. marginalrevolution.com) Why Signature Bank went under.

Financial Guidance 130

Financial Guidance Financial Advising Startup Banking 130